A) Rs. 600
B) Rs. 1000
C) Rs. 1100
D) Rs. 1200
Correct Answer: D
Solution :
[d] Let principal = Rs. 100 Amount after two years \[=100\times {{\left( \frac{11}{10} \right)}^{2}}=Rs.\,\,121\] \[\therefore \] Compound interest for second year = Rs. 121 ? Rs. 110 = Rs. 11 But actual compound interest for second year = Rs. 132 (i.e. 12 times of Rs. 11) \[\therefore \] \[\text{Principal=12}\times \text{Rs}\text{.}\,\text{100=Rs}\text{.}\,\text{1200}\]
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